Construction is one of the riskiest businesses in the world. It offers huge profits; however, it also involves an equal number of challenges, which can cause damage and loss to the project. Delay in the completion of the project is one of the most frequent issues which lowers the value of the construction project, in addition to causing monetary loss.
Daily delay measure analysis is an effective strategy to keep track of progress and control damages. The contractors, as well as owners of construction sites, apply this analysis method to ensure smooth completion of their project. It is most popular in the UAE, which has the busiest construction industry in the world.
The parties involved in the construction project hire the service of delay experts and ensure to get an analysis report, as well as strategies to minimize their damages. They ensure to align the progress of their work with the devised plan to reap the profits.
This article will discuss the daily delay measure analysis in detail and cover the major steps to perform the analysis.
Top 4 Steps to Do Daily Delay Measure Evaluation of Your Project
Daily delay measure analysis is one of the most practiced methods of identifying and quantifying the delay related issues in the construction project. This specific analysis method focuses on tracking the changes, issues, and damages on a daily basis to fix the issues, side by side.
The following are the major steps of performing the daily delay measure analysis of a construction project.
Analyze the Contract
The first step of performing the daily delay measure analysis is to analyze the contract. It will help the involved parties review the planned strategy and workflow. It will also help them to track the progress of work with the specified time and limit of resources.
Review Planned and As-Built Schedules
The second step of daily delay measure analysis is reviewing the planned and as-built schedules. As evident from the name, the planned schedules are those which are decided by the involved parties after reviewing all the conditions. The as-built schedule is the one that highlights the progress of the work according to the devised plan.
Quantify Differences between Planned and As-Built Schedules
The third step of analyzing the daily delay measure is quantifying the differences between the planned and as-built schedules. Application of this step on a daily basis will help the involved parties track the progress of the work along the lines of their planned schedules.
Quantify and Apportion Damages
The last and final step of the analysis method is quantifying and apportioning the damages. The differences in the as-built and planned schedule will highlight the discrepancy. This step will allow quantifying the damages in order to develop an estimated report about loss.
Facing conflicts in applying the analysis?
It is a common issue in the construction industry. The involved parties can develop a wide range of conflicts due to the unsatisfactory progress of work. The perfect solution to this issue is consulting the experts for the resolution of the conflicting matter.
You can hire the services of any delay expert and get a detailed daily delay measure analysis, and ensure the timely completion of your project. You can also the expert advice to boost the progress of your work while following the standards of care and maximize your profits.
So, do not indulge in any conflict and seek expert services for resolving all types of construction issues now.